UAE's Mubadala leads a $400 million financing round for German insurance company Wefox
Wefox, an insurance technology company founded by former emp.. Read more
Saudi Arabian Centers distributes dividends to shareholders for the second half of 2022 with a total of 356.25 million riyals
Arabian Centers Company has approved the distribution of cas.. Read more
The largest sovereign funds: "Abu Dhabi Investment Authority" advances to third place globally, with assets of $708.8 billion
The Abu Dhabi Investment Authority has advanced to the third.. Read more
Accumulated losses place Emirati companies on the "second category" screen, pending anonymity
Special Report - (Namazone): A group of companies listed.. Read more
Details 142 Saudi initiative to face the consequences of "Corona" B214 billion riyals
Special Report (Nmazzon): The government announced that.. Read more
Will gold remain a safe haven asset?
Gold has long been a source of controversy and contention am.. Read more
Global trade is expected to decline in the coming months
The economics department of Qatar National Bank (QNB) said t.. Read more
Analysis .. How will major central banks respond to the increasing cases of financial instability?
The global macroeconomic environment is experiencing some of.. Read more
The euro is below the dollar .. the lowest level in 20 years
For the first time in 20 years, the euro fell below $1 on Tu.. Read more
"OPEC"...The pressures of supply shortage will continue next year
OPEC expected global demand for oil to increase next year, b.. Read more
Economic News
UAE Markets
The UAE “Securities” postpones the launching date of the suspended companies ’trading screen
The Emirates Securities and Commodities Authority said that the amendment of the date of implementat... Read more
UAE Markets
Foreigners acquired 31% of UAE trading in June
Non-Arab foreigners accounted for approximately 31% of the total trading in the UAE capital marke... Read more
UAE Markets
Restructuring of the UAE's KBB debt
The UAE’s KBBO Group announced that it has appointed consultants to restructure company-based lia... Read more
UAE Markets
The UAE issued 4,201 new economic licenses in June
The United Arab Emirates issued 4,201 new economic licenses during the month of June, bringing th... Read more
UAE Markets
Completion of the Emirati TAQA merger deal with Abu Dhabi Energy Corporation
Abu Dhabi National Energy Company announced today, Wednesday, the completion of its merger deal with... Read more
UAE Markets
UAE denies reducing electricity delivery fees to citizens at present
The Minister of Energy and Industry and Chairman of the Board of Directors of the Federal Electricit... Read more
UAE Markets
DAMAC President is considering making it a private company
Hussein Sajwani, president of Damac Properties, is considering buying the holdings of minority sh... Read more
UAE Markets
Dubai's GDP fell 3.5% in the first quarter
The media office of the Dubai government announced that the real GDP of the emirate shrank 3.5 pe... Read more
UAE Markets
The second largest Japanese bank intends to enter the UAE market
The Securities Investment Unit of the second largest Japanese bank plans to expand abroad, unaff... Read more
UAE Markets
Dubai property sales are achieving positive numbers in 6 months
The Dubai Home Sales Index increased by 12.1 percent in May 2020 compared to the base year of 201... Read more
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